Land prices / Okinawa / Naha

2024 published land transactions

Wakasa land prices and price trends

This page aggregates publicly released transactions classified as residential land (land only) for the address area Wakasa, Naha. It does not limit transactions by the buyer's intended use.

Median transaction price per m² (2024)
JPY 559,625 / m²JPY 559.625K / m²
Median sample 4Five-year sample 9
Estimated price for 100 m²
JPY 55.96M
Simple estimate using the displayed median
Estimated land + building budget
JPY 97.89M
100 m² building using the 2025 benchmark

Wakasa location

Wakasa location map

The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.

Station
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Price distribution (2024)

Middle 50% price range
JPY 402,325 / m² – JPY 665,500 / m²JPY 402.325K / m² – JPY 665.5K / m²
Average transaction price
JPY 508,200 / m²JPY 508.2K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 27.98MJPY 20.12M JPY 33.28M
100.0 m²30.3 tsuboJPY 55.96MJPY 40.23M JPY 66.55M
150.0 m²45.4 tsuboJPY 83.94MJPY 60.35M JPY 99.83M
200.0 m²60.5 tsuboJPY 111.93MJPY 80.47M JPY 133.1M

These are simple land-only estimates calculated from the displayed median and quartile price per m², not medians of transactions at each plot size.

Land-price trend

Transaction medianOfficial land price
21222324
Year2021202220232024
Public transactions2
Indicative
1
Indicative
2
Indicative
4
Indicative
Official observations1111

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2021 and 2024. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-10110.0 m²JPY 27MJPY 248,050 / m²JPY 248.05K / m²10 mCategory I residential zone
2024-07460.0 m²JPY 310MJPY 665,500 / m²JPY 665.5K / m²11.5 mCommercial zone
2024-07100.0 m²JPY 68MJPY 665,500 / m²JPY 665.5K / m²8 mCommercial zone
2024-07110.0 m²JPY 50MJPY 453,750 / m²JPY 453.75K / m²9 mCommercial zone

Transactions are listed newest first. They are not filtered by residential intent or buyer type. Low unit price alone is not treated as atypical. “Value check” is limited to invalid values or extremely high unit prices and does not necessarily indicate an error.

Wakasa land-price summary

The median published transaction price in Wakasa for 2024 is JPY 559,625 / m²JPY 559.625K / m². A 100 m² plot would therefore be about JPY 55.96M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

Sources and methodology

Land prices, transaction examples, trends and official land-price observations are based on public data. Small samples can be strongly affected by the conditions of individual transactions.

Source: MLIT Real Estate Information Library ↗